Solana ($SOL ) Post-CPI Analysis: Macro Demand Zone & Wave 5 Scenario 📊
The latest US CPI data was just released hotter than expected (YoY 3.7% vs 3.6% forecast), triggering short-term volatility across the crypto market.
Based on the 4H Elliott Wave structure (Possibility 2), $SOL's current price correction is potentially completing its extension toward Wave 5 / Wave iii to sweep liquidity at the lower demand zone before finding a foundation for recovery.
🎯 Accumulation Zone (Spot Limit Buy)
For spot trading strategies without leverage, we can place tiered Limit Buy orders at the key Fibonacci Extension levels:
🔹 Buy 1: $99.36 (Fibo 1.236)

🔹 Buy 2: $97.41 (Fibo 1.414)

🔹 Buy 3: $95.17 (Fibo 1.618)

🎯 Rebound / Take Profit Targets
If a relief bounce triggers from this macro accumulation zone, the primary recovery targets are:
📌 TP 1: $107.08

📌 TP 2: $110.28

📌 TP 3: $112.87

💡 Key Takeaway: Stay disciplined with cash management and rely on passive Limit Buy orders to capture potential price wicks. Avoid emotional FOMO orders while post-news volatility is still high!
What's your strategy for $SOL tonight? Have any of your lower limit orders been filled yet? Let me know in the comments below! 👇
#SOL #Solana #CryptoAnalysis #TradingSignals #ElliottWave